Written by ForexBrokers.com
In this head to head comparison of FxPro vs HYCM (Henyep Capital Markets), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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FxPro, established in 2006, and HYCM (Henyep Capital Markets), in operation since 1977, both offer online brokerage services, though they exhibit key differences in structure and industry perception. FxPro sets itself apart as a bank, while HYCM does not hold such status. Despite neither being publicly traded, these brokers are recognized for their regulatory rigor with both holding two Tier-1 licenses each, a status considered highly trusted by ForexBrokers.com. Additionally, each broker has secured one Tier-2 license, signaling a trusted level of compliance.
The ForexBrokers.com Trust Score reveals a distinction in perceived reliability, with FxPro achieving a high score of 93 out of 99, indicating a highly trusted status. On the other hand, HYCM receives a respectable score of 86, positioning it firmly within the trusted category. Both brokers provide credible options for potential investors, though FxPro's slightly higher trust score and banking status might give it an edge for those prioritizing security and institutional solidity.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2006 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of FxPro and HYCM (Henyep Capital Markets), notable differences emerge in their pricing models. FxPro's pricing is generally higher than the industry average, positioning it less competitively against brokers like IC Markets and Pepperstone. FxPro offers variable and fixed spreads through its MetaTrader 4 platform, with variable spreads featuring either instant execution, which is subject to requotes but no slippage, or market execution, which may incur slippage. FxPro's most competitive option emerges with its cTrader platform, providing EUR/USD spreads effective around 1.27 pips, inclusive of a commission-equivalent. Despite offering discounts through an Active Trader program, FxPro struggles to match the competitiveness of leaders like FOREX.com and IG.
In contrast, HYCM offers more appealing pricing across its account options. The Raw account, in particular, stands out with an all-in cost of approximately 0.6 pips for the EUR/USD pair, post-commission. Meanwhile, HYCM’s Classic account starts with a variable spread from 1.2 pips, and their fixed-spread account maintains a spread of 1.5 pips. This attractive pricing secures HYCM a stronger position in the industry.
Regarding ratings, FxPro receives a 4-star rating for its commissions and fees, ranking 32nd out of 63 brokers according to ForexBrokers.com. HYCM fares better with a 4.5-star rating and holds the 15th position in the same ranking. These distinctions reflect the more favorable pricing and competitive edge that HYCM maintains in contrast to FxPro's costlier structure.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 1.51 | 1.2 |
| All-in Cost EUR/USD - Active | 1.27 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FxPro and HYCM (Henyep Capital Markets) both provide an extensive range of investment options, catering to traders interested in forex, CFDs, and international exchange-traded securities. FxPro shines with an impressive 2,249 tradeable symbols, including 70 forex pairs, while HYCM offers a respectable 1,199 tradeable symbols also featuring 70 forex pairs. However, HYCM provides an additional opportunity by allowing clients to purchase U.S. stock shares directly, such as Apple, which FxPro does not. Both brokers allow trading on international exchanges, offering securities like Vodafone shares.
When it comes to innovative trading features, FxPro offers copy trading, enriching its services with social trading options—a feature absent from HYCM. Both brokers let users dabble in cryptocurrency derivatives, yet neither allows the purchase of actual delivered cryptocurrencies. Rating-wise, both score four stars for their range of investments. FxPro slightly edges out HYCM in ForexBrokers.com rankings, holding the 28th position, while HYCM stands at 33rd among 63 brokers evaluated for their investment range.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 1199 |
| Forex Pairs (Total) | 70 | 70 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools of FxPro and HYCM, both brokers offer a range of options designed to enhance the trading experience. FxPro and HYCM provide virtual demo accounts, allowing newcomers and seasoned traders alike to practice without financial risk. Both brokers have proprietary platforms and offer Windows-based desktop applications and web-based trading. They also support popular platforms like MetaTrader 4 and MetaTrader 5, though only FxPro includes copy trading capabilities. While neither offers DupliTrade or ZuluTrade, they do facilitate trading directly from stock charts.
FxPro and HYCM offer an array of charting tools, but FxPro has a slight edge with 25 drawing tools compared to HYCM's 15. For watch lists, HYCM surpasses FxPro with 7 fields versus 6. Both brokers sport a respectable rating of 4 out of 5 stars for their trading platforms and tools. However, FxPro stands out in rankings, taking the 17th spot among 63 brokers, whereas HYCM ranks 40th. Overall, these brokers offer robust solutions with unique strengths to fit different trading preferences.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FxPro and HYCM, both platforms offer apps for iPhones and Android devices, catering to traders who value accessibility. Traders on both platforms can set up stock or forex price alerts and draw trendlines, with both apps saving these drawings automatically. FxPro, however, offers a more feature-rich experience with the ability to sync watchlist symbols with clients' online accounts, a feature not available with HYCM. Additionally, FxPro's app provides a more comprehensive set of 65 technical studies for charting compared to HYCM's 30, giving traders more tools to refine their strategies.
In terms of user ratings, FxPro scores slightly higher with 4.5 stars, while HYCM holds a 4-star rating. This aligns with ForexBrokers.com's rankings, where FxPro is positioned at #15 among 63 brokers for mobile trading apps, outperforming HYCM, which is ranked at #37. Both apps support viewing multiple time frames and creating real-time watchlists, yet FxPro's added functionalities and higher user satisfaction make it a more favored choice for traders on the move.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing market research offerings between FxPro and HYCM, both brokers provide daily market commentary and access to forex news from leading sources such as Bloomberg, Reuters, and Dow Jones. Both firms also supply technical analysis tools from Trading Central, aiding traders in making informed decisions. However, they differ in sentiment-based trading tools: FxPro offers a sentiment tool that displays the ratio of long and short positions in various instruments, while HYCM does not provide this feature. For research resources, neither broker integrates tools from companies like Autochartist, TipRanks, or Acuity Trading.
In terms of economic updates, both FxPro and HYCM include an economic calendar for staying informed about global events. When evaluating their research services, ForexBrokers.com gives FxPro a slightly higher rating of 4 stars, ranking it #26 out of 63 brokers, while HYCM receives 3.5 stars and is ranked #35. This highlights FxPro's edge in research offerings, catering to traders seeking comprehensive market insights.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FxPro and HYCM are both strong contenders when it comes to providing educational resources for beginners interested in forex and CFDs trading. Both brokers offer a solid foundation for new traders by providing over ten educational pieces, such as articles and videos, that focus on the essentials of forex and CFD trading. They also make past client webinars available through searchable archives, helping users catch up on previously discussed topics. In terms of educational content specifically designed for beginners, both FxPro and HYCM present at least ten comprehensive video lessons. Each platform also provides an investor dictionary that defines over 50 essential investing terms, making it easier for newcomers to familiarize themselves with the trading lingo.
However, when advanced educational content is considered, neither FxPro nor HYCM delivers ten or more videos specifically tailored for experienced traders. This limitation might prompt advanced traders to seek additional resources elsewhere. Despite this, FxPro edges out HYCM in educational rankings, earning 4 stars compared to HYCM's 3.5-star rating. FxPro stands at #18 out of 63 brokers on ForexBrokers.com's education ranking, while HYCM ranks at #32. This indicates the slight advantage FxPro holds in educating beginner traders, providing a supportive learning environment overall.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than HYCM (Henyep Capital Markets). FxPro finished with an overall rank of #21, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
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HYCM (Henyep Capital Markets)
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| Trust Score | 93 | 86 |
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FxPro and HYCM (Henyep Capital Markets) both offer the ability to trade cryptocurrency derivatives, but neither platform provides the option to purchase actual (delivered) cryptocurrencies.
When comparing deposit and withdrawal options between FxPro and HYCM (Henyep Capital Markets), FxPro provides more versatility by supporting ACH, SEPA, and PayPal alongside common options like Skrill, Visa, Mastercard, and bank wires, whereas HYCM includes Skrill, Visa, Mastercard, and bank wires but lacks ACH, SEPA, and PayPal capabilities.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FxPro | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | FxPro Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | FxPro | HYCM (Henyep Capital Markets) | |
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| Regulation | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 93 | 86 | |
| Year Founded | 2006 | 1977 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 1199 | |
| Forex Pairs (Total) | 70 | 70 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.2 | |
| All-in Cost EUR/USD - Active | 1.27 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FxPro Review | HYCM (Henyep Capital Markets) Review |
| Overall | FxPro | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | FxPro Review | HYCM (Henyep Capital Markets) Review |
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